***SELLER WANTS TO SEE ALL OFFERS***ONE OF THE BEST CAP RATES IN PASADENA RIGHT NOW*** OVER 6% CASH ON CASH RETURN with solid rent growth as units turn over and become vacant. Over all this is a fantastic bread-n-butter apartment investment on almost ONE ACRE of land. Super strong rental location of Pasadena with low maintenance type buildings. Two single-story buildings offering a unit mix of One 3Bed+2bath, Three 2Bed+1bath and 16 spacious 1Bed+1bath units and NO SOFT-STORY. Each unit is equipped with wall-mounted air conditioning and heating, a mix of tile and carpet flooring, and expansive kitchens with gas oven/stove combinations. The property is well-maintained, showcasing an open grass courtyard, an on-site laundry facility that yields a steady flow of income with open and carport parking.
Property Details
Price:
$4,850,000
MLS #:
24456721
Status:
Pending
Beds:
25
Baths:
24
Type:
Single Family
Neighborhood:
646pasadenane
Listed Date:
Dec 8, 2025
Finished Sq Ft:
13,859
Total Sq Ft:
13,859
Lot Size:
38,252 sqft / 0.88 acres (approx)
Year Built:
1948
See this Listing
Schools
Interior
Cooling
WW
Heating
WL
Exterior
Parking Spots
20
Financial
Map
Community
- Address485 E Washington BL Pasadena CA
- CityPasadena
- CountyLos Angeles
- Zip Code91104
Market Summary
Current real estate data for Single Family in Pasadena as of Dec 10, 2025
182
Single Family Listed
57
Avg DOM
482
Avg $ / SqFt
$1,842,456
Avg List Price
Property Summary
- 485 E Washington BL Pasadena CA is a Single Family for sale in Pasadena, CA, 91104. It is listed for $4,850,000 and features 25 beds, 24 baths, and has approximately 13,859 square feet of living space, and was originally constructed in 1948. The current price per square foot is $350. The average price per square foot for Single Family listings in Pasadena is $482. The average listing price for Single Family in Pasadena is $1,842,456.
Similar Listings Nearby
Courtesy of Realty Investment Advisors, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.485 E Washington BL
Pasadena, CA